Vitals
  • Total Assets
    297.7M -12.5 %
  • Total Deposits
    210.7M -19.9 %
  • Total Net Loans
    235.2M -11.2 %
  • Net Income
    206000.0000 -84.0 %
  • Book Value
    40.1M -15.7 %
  • Book Value x2
    80.3M -15.7 %
  • Book Value x3
    120.4M -15.7 %
ROAA

.694

ROAE

5.475

Efficiency Ratio

67.549

Net Interest Margin

2.948

Balance Sheet Highlights
Financial Highlights 1St Independence Bank All Insured Commercial Banks in Kentucky
Balance Sheet $(000)
Total Assets 297,665 189,592
Total Net Loans 235,226 129,685
Total Deposits 210,682 148,060
Total Equity 40,135 19,784
Profitability
Net Income 206 2,187
Return on Average Assets .694 1.135
Return on Average Equity 5.475 10.49
Net Interest Margin 2.948 3.942
Efficiency Ratio 67.549 66.848
Noninterest Income/Revenue 9.441 12.242
Balance Sheet Ratios
Loan-to-Deposit 111.65 84.713
Securities/Assets .05 .284
Total Equity/Total Assets .135 .104
Tangible Equity/Tangible Assets .107 .049
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 31,714 18,565
Tier 2 Capital 3,085 1,462
Total Capital 34,799 20,024
Total Risk Weighted Assets 241,857 133,382
Leverage Ratio 10.79 10.663
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.11 16.012
Total Capital Ratio 14.39 17.139

Timeline for 1St Independence Bank

Mainsource Bank

1St Independence Bank was acquired by Mainsource Bank 15 years

View Profile Nov 15 2008

Mainsource Financial Group, Inc.

Mainsource Financial Group, Inc. became a new parent organization for 1St Independence Bank.

View Profile Aug 30 2008

First Financial Bank

Acquisition: 1St Independence Bank acquired a new subsidiary, First Financial Bank, 19 years

View Profile Jul 10 2004

1St Independence Financial Group, Inc.

1St Independence Financial Group, Inc. became a new parent organization for 1St Independence Bank.

View Profile Jul 10 2004

Independence Bancorp

Independence Bancorp became a new parent organization for 1St Independence Bank.

View Profile Sep 30 1999

Want to see more?

Complete timeline for 1St Independence Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Mainsource Bank Buyer 4,014,180 Pooling of Interests Discontinued 11/15/2008
First Financial Bank Seller 131,997 Pooling of Interests Discontinued 7/10/2004
Relationships Role Relationship Start Relationship End
Mainsource Financial Group, Inc. Parent 8/30/2008 11/14/2008
1St Independence Financial Group, Inc. Parent 7/10/2004 8/29/2008
Independence Bancorp Parent 12/31/1999 7/9/2004
Crawford Financial Corporation Parent 9/30/1999 12/30/1999
Independence Bancorp Parent 9/30/1999 12/30/1999
Crawford Financial Corporation Parent 6/9/1998 9/29/1999
Crawford Financial Corporation Parent 5/28/1998 6/8/1998
Crawford Financial Corporation Parent 8/15/1997 5/27/1998
Crawford Financial Corporation Parent 7/31/1997 8/14/1997
Crawford Financial Corporation Parent 6/9/1997 7/30/1997
Crawford Financial Corporation Parent 4/20/1997 6/8/1997
Crawford Financial Corporation Parent 4/8/1997 4/19/1997
Crawford Financial Corporation Parent 11/25/1996 4/7/1997
Crawford Financial Corporation Parent 11/9/1996 11/24/1996
Crawford Financial Corporation Parent 11/1/1996 11/8/1996
Crawford Financial Corporation Parent 9/1/1996 10/31/1996
Crawford Financial Corporation Parent 6/18/1996 8/31/1996
Similar Organizations
Organization City State Total Assets
First Century Bank
 		Tazewell TN 297.4M
Gateway Bank Of Florida
 		Daytona Beach FL 301.3M
St. Landry Bank And Trust Company
 		Opelousas LA 292.6M
Premierbank
 		Fort Atkinson WI 303.4M
Guardian Bank
 		Valdosta GA 304.7M
Grinnell State Bank
 		Grinnell IA 305.1M
Municipal Trust And Savings Bank
 		Bourbonnais IL 305.2M
Prime Meridian Bank
 		Tallahassee FL 290.1M
The Fountain Trust Company
 		Covington IN 289.9M
The Peoples Bank
 		Iva SC 297.5M